PSA Chairman Carlos Tavares says his company has serious plans to make Iran “central” production hub in the Middle East.

Daimler says its trucks division will start the deliveries of Mitsubishi Fuso brand in Iran later this year.

Iran and Algeria have inked a number of MoUs on the introduction of Iranian cars in the North African country.

Iran's Minister of Mine, Industries and Trade Mohammad-Reza Nematzadeh has ordered to stop imports of US-made cars into the country, thus preventing a cargo of Chevrolets from entering into the country.

Germany’s auto giant Volkswagen is expected to seal a deal with an Iranian partner in the near future.

A joint venture to manufacture cars in the Persian Gulf sultanate of Oman by Iran will begin in a year, an Iranian official has said.

Iran Khodro expects to sign a commercial deal with Mercedes-Benz within the next six months, the CEO of the Middle East’s biggest carmaker says.

Iran says Chinese car manufacturers will have to leave its auto market if they fail to raise the local content in their production projects in the country.

Peugeot and Renault are set to clinch new deals for a return to Iran during President Hassan Rouhani's visit to France.

Iran Khodro and Peugeot will likely finalize a deal to produce cars in Iran during President Hassan Rouhani’s visit to France Wednesday, a news agency says.